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Pioneer Investcorp shareholders and shareholding pattern

NSE: PIONRINVBSE: 507864FinanceSmall Cap

Last close ₹48.79down ₹2.21 (4.33%)BSE ₹51.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹51.00.

52-week range of BSE trades to 23 Oct 2026
₹48.55Low, 23 Oct 2026₹135.95High, 29 May 2026
Market cap
₹60 Cr2,724th largest listed
P/E
4.2
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
8.8%
ROCE
4.6%
Debt to equity
0.61
Volume, NSE
3,705

Who owns Pioneer Investcorp, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters65.91%
  • Foreign institutions2.99%
  • Indian institutions0.22%
  • Individuals and others30.89%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 13 JanMar 2017Filed 10 AprJun 2017Filed 7 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 6 AprJun 2018Filed 6 JulSep 2018Filed 8 OctDec 2018Filed 7 JanMar 2019Filed 5 AprJun 2019Filed 10 JulSep 2019Filed 10 OctDec 2019Filed 14 JanMar 2020Filed 29 AprJun 2020Filed 10 JulSep 2020Filed 6 NovDec 2020Filed 11 JanMar 2021Filed 4 MayJun 2021Filed 7 JulSep 2021Filed 12 OctDec 2021Filed 5 JanMar 2022Filed 5 AprJun 2022Filed 6 JulSep 2022Filed 20 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 7 JulSep 2023Filed 11 OctDec 2023Filed 16 JanMar 2024Filed 10 AprJun 2024Filed 9 JulSep 2024Filed 11 OctDec 2024Filed 14 JanMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 16 AprJun 2026Filed 20 JulSep 2026Filed 15 Oct
55.69%56.51%56.51%56.51%56.51%56.51%56.51%56.51%60.85%60.85%60.85%60.85%60.98%61.93%62.01%62.01%62.01%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%65.34%65.46%65.46%65.91%65.91%
Indian promoters55.69%56.51%56.51%56.51%56.51%56.51%56.51%56.51%60.85%60.85%60.85%60.85%60.98%61.93%62.01%62.01%62.01%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%64.80%65.34%65.46%65.46%65.91%65.91%
44.31%43.49%43.49%43.49%43.49%43.49%43.49%43.49%39.15%39.15%39.15%39.15%39.02%38.07%37.99%37.99%37.99%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%35.20%34.66%34.54%34.54%34.09%34.09%
Promoter shares pledgedShare of the promoters' own shares0.00%0.00%0.00%0.00%5.04%56.13%57.57%60.45%60.14%60.14%60.14%55.60%55.48%52.92%52.85%54.16%54.16%51.83%51.83%51.83%51.83%51.83%51.83%51.83%51.83%43.92%43.92%43.92%43.92%43.92%43.92%43.92%43.92%43.92%43.92%43.56%43.48%43.48%43.18%43.18%
Shares in issue1,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,9081,22,96,908
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Pioneer Investcorp shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 13 JanMar 2017Filed 10 AprJun 2017Filed 7 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 6 AprJun 2018Filed 6 JulSep 2018Filed 8 OctDec 2018Filed 7 JanMar 2019Filed 5 AprJun 2019Filed 10 JulSep 2019Filed 10 OctDec 2019Filed 14 JanMar 2020Filed 29 AprJun 2020Filed 10 JulSep 2020Filed 6 NovDec 2020Filed 11 JanMar 2021Filed 4 MayJun 2021Filed 7 JulSep 2021Filed 12 OctDec 2021Filed 5 JanMar 2022Filed 5 AprJun 2022Filed 6 JulSep 2022Filed 20 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 7 JulSep 2023Filed 11 OctDec 2023Filed 16 JanMar 2024Filed 10 AprJun 2024Filed 9 JulSep 2024Filed 11 OctDec 2024Filed 14 JanMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 16 AprJun 2026Filed 20 JulSep 2026Filed 15 Oct
All shareholders5,4585,4515,4585,5014,9154,8554,7594,7664,6994,5754,5154,4434,2804,1494,1184,0263,9753,9403,9513,9973,9263,9843,9733,9714,0454,0784,0944,1164,0864,0934,1184,1124,8114,9324,8534,8954,7324,6084,5864,736
4444444444444444444444444444444444444444
Indian promoters4444444444444444444444444444444444444444
5,4545,4475,4545,4974,9114,8514,7554,7624,6954,5714,5114,4394,2764,1454,1144,0223,9713,9363,9473,9933,9223,9803,9693,9674,0414,0744,0904,1124,0824,0894,1144,1084,8074,9284,8494,8914,7284,6044,5824,732
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Pioneer Investcorp promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is GAURANG MANHAR GANDHI, 65.05%.Promoter buying and selling

Holder
GAURANG MANHAR GANDHIIndividuals and Hindu undivided families65.05%79,99,16743.75%
KETAN MANHAR GANDHIIndividuals and Hindu undivided families0.56%68,8500.00%
HEMANG MANHAR GANDHIIndividuals and Hindu undivided families0.30%36,6830.00%
AMI KETAN GANDHIIndividuals and Hindu undivided families0.00%5000.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Pioneer Investcorp, filing by filing

Per cent, on the same shares as the split above.

HolderDec 2016Filed 13 JanMar 2017Filed 10 AprJun 2017Filed 7 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 6 AprJun 2018Filed 6 JulSep 2018Filed 8 OctDec 2018Filed 7 JanMar 2019Filed 5 AprJun 2019Filed 10 JulSep 2019Filed 10 OctDec 2019Filed 14 JanMar 2020Filed 29 AprJun 2020Filed 10 JulSep 2020Filed 6 NovDec 2020Filed 11 JanMar 2021Filed 4 MayJun 2021Filed 7 JulSep 2021Filed 12 OctDec 2021Filed 5 JanMar 2022Filed 5 AprJun 2022Filed 6 JulSep 2022Filed 20 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 7 JulSep 2023Filed 11 OctDec 2023Filed 16 JanMar 2024Filed 10 AprJun 2024Filed 9 JulSep 2024Filed 11 OctDec 2024Filed 14 JanMar 2025Filed 17 AprJun 2025Filed 21 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 16 AprJun 2026Filed 20 JulSep 2026Filed 15 Oct
VSS IRON AND MINERALS PRIVATE LTDCompanies––––––––––––––––––––––––4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%4.68%
ELYSIAN WEALTH FUNDForeign portfolio investors, category I––––––––––––––––––––––––––––––––3.59%2.99%2.99%2.99%2.99%2.99%2.99%2.99%
MAHENDRA GIRDHARILAL WADHWANIResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––––––1.85%2.15%2.22%2.33%2.33%–2.33%2.33%2.33%2.33%2.33%2.33%
INVESTOR EDUCATION AND PROTECTION FUND AInvestor education fund–––––––––––––––––––––––1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.75%1.74%1.74%1.74%
GANESH KUMAR K AMMANNAYAResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––––––––––––––––1.01%1.31%
DEVANGAN CONSULTANCY PRIVATE LIMITEDCompanies1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.22%1.10%1.10%1.10%1.10%
ANURADHA MULTITRADE PVT LTDCompanies1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.16%–
MAHENDRA GIRDHARILALResident individuals, over ₹2 lakh at face value––––––––––1.27%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.36%–––––2.33%––––––
SILVER STALLION LIMITEDForeign portfolio investors, category I4.64%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%3.79%––––––––
AGANTUK PROPERTIES PVT LTDCompanies1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%––––––––––––––––
LATIN MANHARLAL SEC P LTOther non-institutions–––––––––––––––––––––––1.63%––––––––––––––––
SADABAHAR PROPERTIES PVT LTDCompanies1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%1.02%––––––––––––––––
AKSHAR COMPUTECH PRIVATE LIMITEDOther non-institutions1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%–––––––––––––––––
KAMLESH NAVIN SHAH-HUFOther non-institutions–––––––––––––––1.11%1.11%–––––––––––––––––––––––
KAMLESH NAVIN SHAHOther non-institutions––––––––––––––1.11%–––––––––––––––––––––––––
IIFL WEALTH MANAGEMENT LIMITED - CLIENTOther non-institutions––––––––––––1.06%1.06%––––––––––––––––––––––––––
KAMLESH N SHAHResident individuals, over ₹2 lakh at face value––––––––1.11%1.11%1.11%1.11%––––––––––––––––––––––––––––
ASTITVA MULTITRADE PVT. LTD.Other non-institutions1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%––––––––––––––––––––––––––––––––
TALENT MULTITRADE PVT.LTD.Other non-institutions1.50%1.50%1.50%1.50%1.50%1.50%1.50%1.50%––––––––––––––––––––––––––––––––
MICROGATE MERCANTILE CO PVT LTDOther non-institutions1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%––––––––––––––––––––––––––––––––
NAVINCHANDRA S SHAHResident individuals, over ₹2 lakh at face value––1.11%1.11%1.11%1.11%1.11%1.11%––––––––––––––––––––––––––––––––
INDIA INFOLINE LIMITEDOther non-institutions1.02%1.11%––––––––––––––––––––––––––––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.